401(k) LIMITS | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
401(k) Elective Deferral Limit | $ 23,500 | $ 23,000 | $ 22,500 | $ 20,500 | $ 19,500 |
Catch-up Contribution Limit | $ 11,250 | $ 7,500 | $ 7,500 | $ 6,500 | $ 6,500 |
Annual Combined Contribution Limit | $ 70,000 | $ 69,000 | $ 66,000 | $ 61,000 | $ 58,000 |
Annual Compensation Limit | $ 350,000 | $ 345,000 | $ 330,000 | $ 305,000 | $ 290,000 |
Highly Compensated Employees | $ 160,000 | $ 155,000 | $ 150,000 | $ 135,000 | $ 130,000 |
Non 401(k) Related Limits | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
403(b)/457 Elective Deferral | $ 23,500 | $ 23,000 | $ 22,500 | $ 20,500 | $ 19,500 |
SIMPLE Employee Deferrals | $ 17,600 | $ 17,600 | $ 15,500 | $ 14,000 | $ 13,500 |
SIMPLE Catch-up Deferral | $ 5,250 | $ 3,500 | $ 3,500 | $ 3,000 | $ 3,000 |
SEP Minimum Compensation | $ 750 | $ 750 | $ 750 | $ 600 | $ 600 |
SEP Annual Compensation Limit | $ 350,000 | $ 345,000 | $ 330,000 | $ 305,000 | $ 290,000 |
Social Security Wage Base | $ 176,100 | $ 168,600 | $ 160,200 | $ 147,000 | $ 142,800 |
